Quote from: Syke on October 20, 2012, 11:21:25 PM

Quote from: Ja¥1337 on October 20, 2012, 05:14:38 PM

Once ASIC comes out, the difficulty will adjust accordingly. Which will just cause everyone to make the same amount of money as they were before ASIC's. So the question is, is it necessary for us to go through all of what i mentioned above, to just end up making the same amount of money as you were before with GPU's, just a month or so later, with ASIC's?

Most definitely, YES! Difficulty isn't a means to make money. It is a means to provide security. When the difficulty skyrockets, the security of the blockchain also skyrockets. That isn't just a good thing. It is a crucial requirement for the health of the blockchain.

Absolutely true!

The OP might be concerning that the consolidation of ASICs in hands of wealthy might pose a risk, but remember that the distribution of people preordering ASIC scam from BLF are distributed worldwide and sometimes are not highly wealthy. Some might been buying with bitcoins they mined with GPU. 30 000$ for asic rig is not unreal for average westerner working high income high-tech job.